Form 4: Molina Healthcare Director Daniel Cooperman Reports Share Acquisition
SEC Form 4 Filing
Director Daniel Cooperman acquired 56 shares of Molina Healthcare, Inc. common stock on April 1, 2025, as part of the company's equity incentive plan.
Summary
- On April 1, 2025, Daniel Cooperman, a director of Molina Healthcare, Inc., acquired 56 shares of common stock.
- The acquisition was part of the Issuer's 2019 Equity Incentive Plan, related to Cooperman's service as a director.
- The shares were granted at a price of $327.71 per share, reflecting the closing price of Molina Healthcare's common stock on that day.
- This grant is part of a prorated annual equity award for directors, adjusted because Mr. Cooperman will not seek re-election at the 2025 annual stockholders' meeting.
- Following the transaction, Cooperman directly owns 6,383 shares of Molina Healthcare common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-governed company. The sentiment is neutral to slightly positive.
Positives
- The equity incentive plan aligns director interests with shareholder value.
- The prorated grant reflects Cooperman's service and contribution as a director.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies. It reflects standard practices for aligning director interests with shareholder value through equity-based compensation.
Comparison to Industry Standards
- Equity compensation for board members is a common practice across the healthcare industry.
- Companies like UnitedHealth Group, Anthem, and Cigna also provide equity-based compensation to their directors.
- The specific amount and vesting schedules can vary based on company size, performance, and board structure.
- The $220,000 annual equity award appears to be within the typical range for directors at similarly sized healthcare companies.
Stakeholder Impact
- Shareholders may view the equity grant as aligning director interests with company performance.
- The transaction has a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| March 11, 2013 | Date of Limited Power of Attorney for Section 16(a) Filings |
| April 1, 2025 | Date of transaction: Cooperman acquired 56 shares of Molina Healthcare common stock at $327.71 per share. |
| April 2, 2025 | Date of signature for the Form 4 filing. |
Keywords
Molina Healthcare, Daniel Cooperman, Director, Equity Incentive Plan, Share Acquisition, Form 4, Stock Grant
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